Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table details revenue, cost of revenues, and other operating costs for the Company’s reportable segments for three months ended June 30, 2025 and 2024, and reconciles to net income (loss) on the consolidated statements of operations:

For the three months ended June 30, 2025

		Cryptocurrency Mining				Data Center Hosting				High- Performance Computing Services				Total
Segment Revenue: Revenue from external customers		$	2,861			$	3,136			$	-			$	5,997
Reconciliation of revenue
Demand response revenue (a)															161
Total consolidated revenue															6,158
Less: Segment cost of revenue
Utility costs			1,278				471				-				1,749
Wages, benefits, and employee related costs			203				531				-				734
Facilities and Equipment costs			250				521				-				771
Cost of revenue- depreciation			1,074				512				-				1,586
Other cost of revenue*			148				364				-				512
Total segment cost of revenue			2,953				2,399				-				5,352
General and administrative expenses			40				94				110				244
Impairment on fixed assets			-				12				-				12
Segment operating income (loss)		$	(132	)		$	631			$	(110	)		$	389

For the three months ended June 30, 2024

		Cryptocurrency Mining				Data Center Hosting				High- Performance Computing Services				Total
Segment Revenue: Revenue from external customers		$	4,484			$	4,898			$	-			$	9,382
Reconciliation of revenue
Demand response revenue (a)											-				293
															9,675
Less: Segment cost of revenue
Utility costs			1,322				1,363				-				2,685
Wages, benefits, and employee related costs			190				468				-				658
Facilities and Equipment costs			336				323				-				659
Cost of revenue- depreciation			1,065				441				-				1,506
Other cost of revenue*			127				92				-				219
Total segment cost of revenue			3,040				2,687				-				5,727
General and administrative expenses			106				146				58				310
Impairment on fixed assets			-				-				-				-
Segment operating income		$	1,338			$	2,065			$	(58	)		$	3,345

(a)	Demand response service revenue is included as a reconciling item of total revenue and not included as part of segment gross profit or loss.

*	Other cost of revenue includes insurance, outside service costs and margins, and general costs.

The following table presents the reconciliation of segment operating income (loss) to net income (loss) before taxes:


		For the three months ended June 30,
		2025				2024
Segment operating income		$	389			$	3,345

Reconciling Items:
Elimination of intercompany costs			381				162
Other revenue (a)			161				293
General and administrative, exclusive of depreciation and amortization (b)			(5,152	)			(5,072	)
General and administrative, depreciation and amortization			(2,403	)			(2,403	)
Interest expense			(1,196	)			(449	)
Loss on debt extinguishment and revaluation, net			-				(5,600	)
Loss on sale of fixed assets			(22	)			(21	)
Other expense, net			(546	)			(49	)
Net loss before taxes		$	(8,388	)		$	(9,794	)

(a)	Demand response service revenue is included as a reconciling item of total revenue and not included as part of segment gross profit or loss

(b)	The reconciling general and administrative expense, exclusive of depreciation and amortization represent corporate and unallocated general and administrative expenses for the three months ended June 30, 2025 and 2024.

The following table details revenue, cost of revenues, and other operating costs for the Company’s reportable segments for six months ended June 30, 2025 and 2024, and reconciles to net income (loss) on the consolidated statements of operations:

For the six months ended June 30, 2025

		Cryptocurrency Mining				Data Center Hosting				High- Performance Computing Services				Total
Segment Revenue: Revenue from external customers		$	5,860			$	5,538			$	28			$	11,426
Reconciliation of revenue
Demand response revenue (a)															668
Total consolidated revenue															12,094
Less: Segment cost of revenue
Utility costs			2,690				861				-				3,551
Wages, benefits, and employee related costs			421				1,001				7				1,429
Facilities and Equipment costs			457				886				-				1,343
Cost of revenue- depreciation			2,147				913				-				3,060
Other cost of revenue*			288				508				-				796
Total segment cost of revenue			6,003				4,169				7				10,179
General and administrative expenses			55				175				269				499
Impairment on fixed assets			-				12				-				12
Segment operating income (loss)		$	(198	)		$	1,182			$	(248	)		$	736

For the six months ended June 30, 2024

		Cryptocurrency Mining				Data Center Hosting				High- Performance Computing Services				Total
Segment Revenue: Revenue from external customers		$	10,880			$	10,176			$	-			$	21,056
Reconciliation of revenue
Demand response revenue (a)											-				1,168
Total consolidated revenue															22,224
Less: Segment cost of revenue
Utility costs			2,699				2,720				-				5,419
Wages, benefits, and employee related costs			381				927				-				1,308
Facilities and Equipment costs			511				622				-				1,133
Cost of revenue- depreciation			2,152				877				-				3,029
Other cost of revenue*			304				309				-				613
Total segment cost of revenue			6,047				5,455				-				11,502
General and administrative expenses			107				153				58				318
Impairment on fixed assets			130				-				-				130
Segment operating income (loss)		$	4,596			$	4,568			$	(58	)		$	9,106

(a)	Demand response service revenue is included as a reconciling item of total revenue and not included as part of segment gross profit or loss.

*	Other cost of revenue includes insurance, outside service costs and margins, and general costs.

The following table presents the reconciliation of segment operating income (loss) to net income (loss) before taxes:


		For the six months ended June 30,
		2025				2024
Segment operating income		$	736			$	9,106

Reconciling Items:
Elimination of intercompany costs			446				322
Other revenue (a)			668				1,168
General and administrative, exclusive of depreciation and amortization (b)			(10,845	)			(9,060	)
General and administrative, depreciation and amortization			(4,807	)			(4,805	)
Interest expense			(2,034	)			(873	)
Gain (loss) on debt extinguishment and revaluation, net			551				(8,698	)
Loss on sale of fixed assets			(22	)			(21	)
Other expense, net			(860	)			(25	)
Net loss before taxes		$	(16,167	)		$	(12,886	)

(a)	Demand response service revenue is included as a reconciling item of total revenue and not included as part of segment gross profit or loss

(b)	The reconciling general and administrative expense, exclusive of depreciation and amortization represent corporate and unallocated general and administrative expenses for the six months ended June 30, 2025 and 2024.